[the bottle let me down]

Somewhat dated, given that the decision was Sept. 20, but it was news to me.

How much will Gray Davis's folly cost the people of California?

[Rodney King]

Of course nobody mentions that if they simply deregulated the entire industry, there would be no problem.

[Robert357]

Good questions on the cost to the people of California. I wonder what the damages will be and against whom they will be levied.

Another more interesting question for me is that these were the "cheap" contracts and the ones that Davis negotiated were the expensive priced power contracts, so all that Davis or should I say DWR is left with are the expensive contracts.

Now that SCE has a way out of bankrupcy that doesn't seem to involve DWR contrats and PGE's reorganization is making waves about illegal DWR contracts not binding its customers, I wonder if DWR is going to be saddled with power it does not need at prices so high that it will loose money on any sales of that power.

This could get real interesting real fast and DWR's credit could go downhill real fast along with that of the State.

[gaspar]

Kozinski's vote is very interesting given that he is perhaps the most conservative voice on that Court of Appeals.

[Ernest_at_the_Beach]

The cost is going to be quite large and is yet to be fully revealed!

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